Google Plans Its Own Private $82M Airport

by Christopher Freeburn | February 8, 2013 12:41 pm

Google Plans Its Own Private $82M Airport

[1]Many companies have fleets of corporate jets. But few have their own private airports[2].

A panel of San Jose, Calif., officials is evaluating proposals to build a private airport exclusively for use by Google (NASDAQ:GOOG[3]) executives on 29 acres on the western side of the Mineta San Jose International Airport, CBS News notes.

Submitted by Britain’s Signature Aviation, the new airport would cost $82 million and features a 17,000-square-foot terminal and a 66.000 square-foot hangar. The proposal also includes a 33,000-square-foot office building with retails shops.

Backers of the project say it would create 376 jobs for the area and generate revenue of $2.6 million a year for the city.

The airport would be operated by a partnership of Signature and Blue City Holdings San Jose LLC, which would lease the private airport from the city for 50 years. Blue City manages planes owned by Google.